Holmes v. Cary

MORGAN, District Judge.

The gist of this complaint is that a registration statement of Hydramotive Corporation was received by the Securities and Exchange Commission on July 23,1962, has been filed with the Commission since that date, and, pursuant to applicable statutory provisions, the registration statement has been effective since on or about August 15, 1962. It is alleged that the defendants have treated the registration statement of the Hydramotive Corporation in an irregular and unlawful manner, namely, by not making the contents of the registration statement available to the public and…